Cozystay Holdings Inc. (Cozystay
) is eager to announce its association with Singapore-based Share Everything Lab Pte. Ltd. (SEL) to convey blockchain technology to the vacation rental sharing economy. SEL is building up a protocol that will decentralize and alter the sharing economy industry. SEL’s first adopter of its blockchain-based trust protocols will be Cozystay, a vacation rental platform. It will tackle critical issues that have tormented the vacation rental sharing economy so far. Cozystay has 60,000 clients, 200,000 listings worldwide and workplaces in Vancouver, Canada, and Beijing, China. Cozystay has finished $4M USD in seed financing.
) is eager to announce its association with Singapore-based Share Everything Lab Pte. Ltd. (SEL) to convey blockchain technology to the vacation rental sharing economy. SEL is building up a protocol that will decentralize and alter the sharing economy industry. SEL’s first adopter of its blockchain-based trust protocols will be Cozystay, a vacation rental platform. It will tackle critical issues that have tormented the vacation rental sharing economy so far. Cozystay has 60,000 clients, 200,000 listings worldwide and workplaces in Vancouver, Canada, and Beijing, China. Cozystay has finished $4M USD in seed financing.Cozystay has built up a few connections in the vacation rental and blockchain space, including companies, such as,
Tujia—China’s biggest vacation rental organization
Ctrip—China’s biggest online travel specialist
Capital Airlines—Subsidiary of Hainan Airlines
Caissa Touristic Group—China’s best travel agency.
Tai Cloud—One of China’s biggest blockchain technology company.
The worldwide vacation rental industry orders a market size of almost US$130 billion starting at 2017, representing 18.1% of the worldwide vacation lodging market share. The industry keeps on developing exponentially; however, persistent issues stay for hosts and guests alike. SEL’s protocol expect to resolve the following four noteworthy points: Double-Booking, Security and Fraud, Review Reliability, and High Fees.
The blockchain can provide the establishment of a genuine peer-to-peer sharing economy by providing a trusted transaction platform with no intermediaries. Utilizing blockchain technology to run a sharing-economy ecosystem means no focal expert is required.
As reported by Bitcoin News, Share Everything Lab is positioned to disrupt the vacation-rental sharing economy by working with Cozystay. SEL will develop the ecosystem by welcoming industry partners and businesses to join. This innovative approach to building a sharing economy ecosystem will make SEL the main provider of technology in a rapidly developing space.
“The accomplishment of our development will come through proper technology and strategic partnership to gradually advance from an accommodation-sharing platform to a global sharing-economy site.” — Share Everything Lab
The post Cozystay Associates With SEL To Convey Blockchain Technology To Vacation Rental Service appeared first on OWLT Market.
from OWLT Market https://ift.tt/2uSL6B6
via IFTTT
No comments:
Post a Comment